XRP Holders Urged to Prioritize Self-Custody after Warning from Expert on Mt. Gox Parallels

Edoardo Farina, founder of Alpha Lions Academy and a prominent XRP advocate, has issued a stark warning to XRP holders, urging them to consider the potential risks associated with trusting centralized exchanges. His recent post highlighted the catastrophic Mt. Gox collapse in 2014 as a cautionary tale for investors today. Farina emphasizes that the loss of approximately 850,000 Bitcoin during the Mt. Gox debacle serves as a crucial lesson about the vulnerabilities of third-party custodianship.